NOT LISTED FOR SALE

42088 N 108th Place Unit 38 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $6,894,000 - $7,364,000

1 Acre
$7,060,800 Price per Acre
43,560 Sq Ft Lot

Last Sold May 03, 2018

Last sale price $710,000

Est. 894% increase in value since last sale

Current estimated payment $40,573/month

318 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Corner Lot
  • Black Mountain Elementary School Rated A-
  • City Lights View
  • Property is near a golf course

About This Lot

As of May 2018

One of the highest elevation lots in Desert Mountain with incredible views and a very easy building site that would likely accommodate a single level home. First time on market and this is one of the best remaining big view lots in Desert Mountain. All sites built around home and the sweeping views are easy to understand. Corners and building envelope are staked. Building envelope is 20,962 sq ft. See documents for topo and lot staking map.

Last Agent to Sell the Property

Michael Doyle

Russ Lyon Sotheby's International Realty License #SA028821000 Listed on: 05/04/2017

Russ Lyon Sotheby's International Realty

Co-Listed By

Kathy Reed

Russ Lyon Sotheby's International Realty License #SA555323000

Last Buyer's Agent

David Reese

Exclusive Properties of Arizona License #SA109015000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,663

Year Built

  • 2019

Lot Details

  • 1 Acre Lot
  • Corner Lot

HOA Fees

  • $244 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Location

  • Property is near a golf course

Schools

  • Black Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 219-47-489

Community Details

Overview

  • Desert Mountain HOA, Phone Number (480) 595-4220
  • Desert Mountain Phase 3 Unit 30 Village Lost Star Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$2,663

Year Built

2019

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Cross Street: DESERT MOUNTAIN PARKWAY & CAVE CREEK RD
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: RES
  • Tax Year: 2017
  • Directions: Village of Lost Star is in Desert Mountain in the upper 1/3 of community.
  • Lot Size Acres: 1.0
  • Road Surface Type: Asphalt, Private Street
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: DESERT MOUNTAIN PHASE 3 UNIT 30 VILLAGE LOST STAR
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2019

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Golf Course Subd, Corner Lot, City Light View(s), Mountain View(s), Gated Community, Guarded Entry, Adjacent to Wash
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1465.86
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-595-4220
  • HOA Transfer Fee: 800.0
  • Association Fee: 1465.86
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain HOA
  • Phone: 480-595-4220
  • Association: Yes

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 43457.0
  • Additional Parcels: No
  • Parcel #: 219-47-489
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2663.0
  • Tax Book Number: 219.00
  • Tax Lot: 38
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2024
Sold by
Ndhd Trust and Hemphill Neil
Bought by
Quinn Brian
Total Days on Market
318
Current Estimated Value
$7,060,800

Purchase Details

Closed on
Aug 8, 2020
Sold by
Classic Properties Xxi Llc
Bought by
Hemphill Neil and Hemphill Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2017
Closed on
Apr 20, 2018
Sold by
Huckin William P and Huckin Carol L
Bought by
Classic Properties Xxi Llc
Seller's Agent
Michael Doyle
Russ Lyon Sotheby's International Realty
Buyer's Agent
David Reese
Exclusive Properties of Arizona
List Price
$875,000
Sold Price
$710,000
Premium/Discount to List
-$165,000
-18.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.39%

Purchase Details

Closed on
Dec 3, 1998
Sold by
Desert Mountain Properties Ltd Partnersh
Bought by
Huckin William P and Huckin Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,000
Interest Rate
6.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Quinn Brian $7,000,000 First American Title Insurance
Hemphill Neil $3,715,000 First American Title Ins Co
Classic Properties Xxi Llc $710,000 First Arizona Title Agency L
Huckin William P $552,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hemphill Neil $750,000
Previous Owner Huckin William P $553,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2018 05/03/18 Sold $710,000 -11.3% --
11/08/2017 11/08/17 Price Changed $800,000 -3.0% --
09/15/2017 09/15/17 Price Changed $825,000 -5.7% --
04/25/2017 04/25/17 For Sale $875,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,326 $168,838 -- --
2024 $8,055 $160,798 -- --
2023 $8,055 $361,070 $72,210 $288,860
2022 $7,789 $219,500 $43,900 $175,600
2021 $8,448 $204,270 $40,850 $163,420
2020 $2,898 $65,625 $65,625 $0
2019 $2,811 $46,320 $46,320 $0
2018 $2,734 $41,295 $41,295 $0
2017 $2,633 $49,245 $49,245 $0
2016 $2,621 $53,295 $53,295 $0
2015 $2,644 $58,720 $58,720 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Doyle

    Seller's Agent in 2018

    Michael Doyle

    Russ Lyon Sotheby's International Realty

    (602) 390-0494

    Section Image
  • Kathy Reed

    Seller Co-Listing Agent in 2018

    Kathy Reed

    Russ Lyon Sotheby's International Realty

    (480) 262-1284

    81 in this area

    93 Total Sales

    Kathy Reed
    Section Image

  • D

    Buyer's Agent in 2018

    David Reese

    Exclusive Properties of Arizona

    (602) 679-0966

    4 in this area

    11 Total Sales

    David Reese
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5600355

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-47-489

Arizona Maricopa County Scottsdale 85262 Desert Mountain

42088 N 108th Place Unit 38, Scottsdale, AZ

This home is located at 42088 N 108th Place Unit 38, Scottsdale, AZ 85262 since 04 May 2017 and is currently estimated at $7,060,800. This property was built in 2019. 42088 N 108th Place Unit 38 is a home located in Maricopa County with nearby schools including Black Mountain Elementary School, Cactus Shadows High School, and Sonoran Trails Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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